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Asian Agriculture Essay Example

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Asian Agriculture

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The policies and restrictions should not be relaxed, and loans should be provided to farmers who want to buy land for cultivation. This will help all people involved, as the farmers would work hard to pay for the land and the land owners can benefit from the produce of the land. The economic viability of the country is very low, the market rates and the concessional rates have a huge difference because of the middle-men involved. This leads to the poor families getting higher interest rates. These farmers should be able to get concessional interest rates from the institutions. It would be better to diminish the interference in the management of credit institutions by the government and give them more autonomy to carry out their functioning. Hanumantha Rao p: 38)In East Asia, the agriculture sector was underutilized because of it being a communist region but when communism was diminished the output increased. In India, utilization of the space and capital has been more efficient when compared to other countries in Asia. India never tried to make the terms of trade disadvantageous for agriculture like the other nations.After the introduction of liberalization, India has received much more private investment. This improvement in terms of trade was because the protection policy was brought down and the domestic policy raised the support prices for wheat and rice. Hanumantha Rao p: 58)There was a decline in the public sector capital formation for agriculture due to many causes, some of them being the rising cost of construction, the decay of the resource base of the states because of the rise in the subsidies given to the farms. Even after this the output increased because of better utilization of the resources and enforcing the green revolution in areas which had not yet adopted the policy. The use of fertilizers has enabled the output of crops to double and grow like never before. The country has spread most of its technology to the areas where the monsoon hits, and if in case it doesn’t the country will face shortage of food grains. Hanumantha Rao p: 60)One important thing to consider in terms of investment is that when the government does not invest in something it deters private investment as well. If the government starts to invest in something it will attract private investors. The adoption of new technology also attracts private investment. In India, we have experienced the continuous rise in private

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preview essay on Asian Agriculture
  • Pages: 12 (3000 words)
  • Document Type: Essay
  • Subject: Unsorted
  • Level: Masters
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